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Annual Report of the Treasury for the Year Ended 30 June 2012

Statement of Departmental Expenses and Capital Expenditure Against Appropriations

for the year ended 30 June 2012

The Statement of Departmental Expenses and Capital Expenditure Against Appropriations details expenditure against appropriations. Total Departmental Output Classes Expenditure and Appropriations equals total expenses in the Statement of Comprehensive Income on page 61.

Statement of Departmental Expenses and Capital Expenditure Against Appropriations
2011
Actual
$000
2012
Actual
$000
2012 Main
Estimates
$000
2012 Supp.
Estimates
$000

Vote Finance: Departmental Output Classes

4,931 Administration of Crown Borrowing[3] 3,746 5,276 4,374
1,077 Administration of Derivative Transactions[3] 904 1,008 951
3,094 Administration of Guarantees and Indemnities Given by the Crown[3] 1,594 1,820 1,820
671 Administration of Investment of Public Money[3] 564 820 609
1,323 Crown Guarantee Schemes - - -
- Crown Company Monitoring Advice to the Minister for State-Owned Enterprises and Other Responsible Ministers 3,712 2,048 4,131
- Crown Company Monitoring Advice to the Minister of Science and Innovation and the Minister for Economic Development 711 1,074 778
322 Establishment and Monitoring Crown Investment in AMI - - -
468 Establishment of the New Zealand Productivity Commission - - -
- Establishment of the Mixed Ownership Model 3,496 5,900 3,497
4,577 Infrastructure Advice and Coordination 3,990 4,580 4,325
- Implementing the Mixed Ownership Model MYA 6,640 - 26,802
- Management and Administration of Financial Operations on behalf of the Crown 6,893 7,522 8,222
- Shared Support Services 2,310 - 3,000
- Policy Advice - Finance 43,274 44,897 48,385
- Provision of Financial Services to the New Zealand Local Government Funding Agency RDA 271 - 250

Macroeconomic Policy Advice and Management (MCOA)

2,517 Economic and Tax Forecasting - - -
2,294 Fiscal Management - - -
3,116 Fiscal Reporting - - -
546 Management of Crown Lending and Crown Bank Accounts - - -
5,203 Policy Advice - Fiscal and Macroeconomic - - -
13,676 Total Macroeconomic Policy Advice and Management (MCOA) - - -

State Sector and Economic Performance Policy Advice and Management (MCOA)

447 Management of Liabilities, Claims against the Crown, Contractual Liabilities and Crown Properties - - -
2,064 New Zealand Export Credit Office - - -
15,442 Policy Advice - Economic Performance - - -
13,431 Policy Advice - State Sector Performance - - -
31,384 Total State Sector and Economic Performance Policy Advice and Management (MCOA) - - -
61,523 Total Vote Finance: Departmental Output Classes 78,105 74,945 107,144

Vote Crown Research Institutes: Departmental Output Classes

595 Crown Company Monitoring Advice to the Minister of Science and Innovation and Other Responsible Ministers - - -

Vote State-Owned Enterprises: Departmental Output Classes

3,670 Crown Company Monitoring Advice to the Minister for State-Owned Enterprises and Other Responsible Ministers - - -
65,788 Total Departmental Output Classes Expenditure and Appropriation 78,105 74,945 107,144

Capital Expenditure

1,416 Total Departmental Capital Expenditure[3] 3,691 2,218 3,391

From 2011/12 the appropriations previously attributable to Vote Crown Research Institutes and Vote State-Owned Enterprises were transferred to Vote Finance. In addition, under Vote Finance the output class structure was rationalised.

There was no unappropriated expenditure incurred during 2011/12 (2010/11: nil).

The accompanying accounting policies and notes form part of these financial statements.

Notes

  • [3]These expenses or capital expenditures have permanent legislative authority.
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